Bankruptcy Law and the Canadian Experience: An Economic Appraisal

Jocelyn Martel ()

Canadian Public Policy, 1991, vol. 17, issue 1, pages 52-63

Abstract: The present paper offers an overview of the Canadian bankruptcy system and looks at the different roles a bankruptcy law should play--that is avoiding a common property problem, respecting pre-bankruptcy entitlements, and increasing the flow of information between all parties in order to eliminate inefficient firms. Statistical evidence on the use of liquidation and reorganization procedures and on the characteristics of firms using each procedure are supplied. Finally, the author looks at the rationale and the possible impact of some proposed amendments to the Canadian Bankruptcy Act.

Date: 1991
View list of references View citations in EconPapers Track citatations by RSS feed

Downloads: (external link)
http://economics.ca/cgi/jab?journal=cpp&view=v17n1/CPPv17n1p052.pdf Full text (application/pdf)
No access restriction except for the four most recent issues.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:cpp:issued:v:17:y:1991:i:1:p:52-63

Ordering information: This journal article can be ordered from
http://www.utpjournals.com/cpp/

Access Statistics for this article

Canadian Public Policy is edited by James B. Davies

More articles in Canadian Public Policy from University of Toronto Press
Address: University of Toronto Press Journals Division 5201 Dufferin Street Toronto, Ontario, Canada M3H 5T8
Series data maintained by Prof. Werner Antweiler ().